9 months ago
KKR and PSP Invest in Lighthouse Learning
KKR, a big investment company, is putting more money into Lighthouse Learning, a company that runs many preschools and schools in India.
They are joined by a new investor called PSP Investments.
KKR already owns most of Lighthouse Learning and wants to help it grow even bigger.
Lighthouse Learning has over 1,850 preschools and 60 schools, teaching more than 190,000 kids.
They want to make their schools better and reach more children.
KKR first invested in Lighthouse Learning in 2019 and is now doubling down on their support.
The company's revenue grew by 34% in the last year, but its profit decreased significantly.
KKR and PSP Investments have made a new investment in Lighthouse Learning.
KKR will retain its majority stake and continue to support Lighthouse Learning's growth.
The investment will be used to expand the K-12 and preschool network and improve teaching, technology, and operations.
Lighthouse Learning operates over 1,850 preschools and 60 K-12 schools under various brands.
KKR first invested in Lighthouse Learning in 2019, acquiring a 94.5% stake for approximately $205 million.
- Who
- KKR, PSP Investments, Lighthouse Learning
- What
- Investment in Lighthouse Learning
- Where
- India (major metros: Bengaluru, Mumbai, Pune, Hyderabad, Delhi-NCR)
- When
- After 2019 (exact date not specified)
- Why
- To expand K-12 and preschool network, strengthen teaching, technology, and operational capabilities
Key facts
- Investors
- KKR, PSP Investments
- Company
- Lighthouse Learning
- Year Founded
- 2001
- Preschools Operated
- 1,850+
- K-12 Schools Operated
- 60+
- Students Served
- 190,000+
- Initial KKR Investment
- Core Brands
- EuroKids, Kangaroo Kids, EuroSchool, Billabong High, Centre Point, Heritage Xperiential, Mother's Pet
- Revenue (FY25)
- Rs 881 crore
- Net Profit (FY25)
- Rs 8.1 crore
Quotes
Akshay Tanna
Partner and head of India private equity at KKR
“Lighthouse Learning has built one of the most trusted and respected education services platforms in India”
financialexpress.com
